so what are you thinking about this? I have been selling on Amazon for years and my Seller Account has been grandfathered with the original payments schedule, which allows immediate disbursements after shipment confirmation.
As of today, Amazon enrolled me into the terrible “Payments after delivery schedule”, which means that any funds will be available for disbursement no earlier than 7 days after the order’s latest Estimated Delivery Date.
Since I am based in Slovakia and sell low value items which I fulfill without tracking, I have 21 working days shipping time + 30 days Handling Time on most of my orders.
This means that starting today, I will have to wait 60 working days before my funds become available for a disbursement. Therefore my next payout will be in October 2023!
I have seen many sellers outraged and submitting complaints to various press outlets, do you think there is a realistic chance anything will be done about it?
In the USA, thankfully this change is not being rolled out. It’s so strange, why would they decided to do this in Europe and not in the US?
Your seller account now has a Base Reserve policy called “Delivery Date Based Reserve.” This means that your funds will now be available for disbursement according to the delivery date of a shipment, plus seven days.
For example, if you ship an item on January 1, and the delivery date is January 4, the funds will be available for disbursement from January 12.
Previously, your funds were available for disbursement based on the ship date of a shipment. Now, funds will be made available for disbursement based on a shipment’s delivery date. When you use an integrated shipping provider, we’ll use the actual delivery date of the shipment. In the absence of valid tracking data, we’ll use the latest estimated delivery date.
A Base Reserve policy is one of the factors that determines your account level reserve. The account level reserve is the amount of money that we reserve to ensure that you have enough funds to fulfil any financial obligations, including refunds, claims, or chargebacks from buyers.
Since your account now has a “Delivery Date Based Reserve,” you may experience a one-time cash flow disruption. This situation may continue until your account level reserve is built up and funds become available for disbursement according to the estimated or confirmed delivery date.
The policy change doesn’t affect your disbursement frequency, your ability to “Disburse now,” or the total amount of funds received. This policy change only defers the availability of your funds according to the delivery date of the shipment, plus seven days.
For more information, go to these help pages:
“Payments based on delivery date”
“When will I be paid?”
“Make your products eligible for deals”
“Valid Tracking Rate (VTR)”
The Amazon Services Europe team